Selling Coins

Paragon Numismatics pays EXCELLENT prices for all United States and foreign coins, currency, precious metals, and scrap jewelry. Whether you have an extensive collection or just a few items, we are interested in purchasing your coins.

We wish to create a personalized relationship with every client, therefore, please contact us for directions to our private and secure office location. We highly recommend an appointment because of the personalized attention given to every customer. Please call to set up a meeting time at: (262) 240-9975. Walk-ins are always welcome, and we thank you for your patience if someone is ahead of you. An appointment helps us schedule our day and ensure that you avoid potentially long wait times.

Important Information About Selling Coins:

Never clean, polish, wash, or wipe your coins.

Leave your coins untouched in albums, envelopes, rolls, or bags. The slightest scratch may devastate a coin's value. Originality is king, so keep your coins “as is.”

Old coins are not necessarily valuable.

A coin’s age is not important. If age determined value, then rocks at the beach would be worth millions of dollars! We determine value according to the level of preservation, originality, quantity produced, surviving numbers, current market demand, and metallic content.

Most retail price guides do not accurately reflect present market values.

The vast majority of retail and online price guides reflect what you might PAY to purchase a coin on a full retail basis—not the price you should expect to receive when you sell it. Keep this in mind, and do not underestimate the difference. View retail price guides with a healthy sense of humor.

Auction Prices Realized represent inflated retail numbers.

Prices realized at auction and shown on retail web sites include a 20% buyer’s fee. This fact is generally understood by collectors and dealers but not apparent to casual observers. Furthermore, sellers are often charged a fee by auction companies when liquidating their coins at auction (as well as other fees hidden in consignment agreements). The upshot is that auction prices realized do not accurately reflect what you receive when selling at auction. Rather, they reflect what you might pay for a coin on a full retail basis when bidding at a major national numismatic auction.

NEVER sell coins in a hotel to a traveling coin-buying company.

Beware of fly-by-night coin buyers advertising their presence in your city via flashy newspaper, radio, or television ads. These self-proclaimed “experts” set up shop at local hotels and hope to attract unknowledgeable coin owners wishing to sell their material. Such outfits rarely pay fair prices for coins or anything else. Nor are they the “experts” they claim to be. Hotel coin buyers rely on flash, deceit, intimidation, pressure, and ignorance to separate you from your coins. They are here today paying as little as possible for your coins, and they are gone tomorrow. STAY AWAY.

An honest, professional dealer never “gets in your face” for attention.

Gigantic flashy ads are unnecessary. Unlike traveling road buyers, Paragon Numismatics has long-standing ties to the community. We are here today, tomorrow, next week, and next year. We treat you ethically because good word-of-mouth advertising is our best advertising. There is NEVER pressure to buy or sell. We want you to have a smooth, enjoyable transaction.

Obtain local and national references from a dealer.

If a dealer is reputable, he or she will gladly furnish a long list of professional, banking, legal, and retail references. Ask the dealer whether he/she is a member of the Professional Numismatists Guild (most importantly), the American Numismatic Association, and the local Better Business Bureau.

Answers to common questions about selling coins:

Which price guides does Paragon use to determine coin values?

Paragon Numismatics takes pride in paying honest prices to purchase collections. We base the value of your coins, currency, and precious metals on wholesale price guides (Bluesheet, Graysheet, and Greensheet), continuously updated online metals quotes, recent auction results, our knowledge of general market conditions, and on decades of experience.

What should I expect to receive for my coins?

Expect to receive premium prices for high quality coins and average prices for average material. High quality coins purchased by experienced collectors often yield pleasing returns to the buyer. On the other hand, random accumulations of common coins provide less satisfying long-term performance. Equally important is the source of your material: if you purchased coins from reputable professional dealers or mainstream national coin auctions, then expect results consistent with market performance. Not so if you purchased coins from television, phone telemarketers, magazines, newspapers, monthly coin approval services, private or national mints, or online auctions.

Why contact Paragon?

Paragon Numismatics has bought and sold millions of dollars worth of rare coins since 1987, and we put our knowledge, experience, and integrity on the line every day. We are members of all major numismatic organizations including the Professional Numismatists Guild, The American Numismatic Association and The Better Business Bureau of Wisconsin. Please check our credentials. Local and national references are available upon request.

We will travel to you to purchase large collections. Coins are heavy, and your safety is important, so request a home visit if moving your coins presents logistic difficulties.

Not only do we purchase a wide range of coins, currency, precious metals, and jewelry, but we also purchase other collectibles. Call us for a full list of our current interests.

If you have questions about our services, or if you would like to sell your coins, please contact us anytime by E-mail: ak@paragoncoins.com or telephone at (262) 240-9975. We look forward to earning your business.